Billion-dollar copper project to deliver local benefits

BHP greenlights $1.4b Port Hedland investment BHP (ASX: BHP) is advancing its port debottlenecking project 2 (PDP2) as part of major strategic investment in Port Hedland’s infrastructure to support surrounding operations.   The investment will enhance operational resilience and efficiency with the installation of a sixth car dumper (CD6) as well as additional conveyors and supporting infrastructure to support WA Iron Ore’s (WAIO) production target of 305mtpa.  Port Hedland is one of the largest iron ore loading ports in the world and the largest in Australia, making it critical to mining operations not just in WA but globally. The ports are linked to...

US company makes $723m bid for NSW critical minerals Larvotto Resources (ASX: LRV) received an unsolicited takeover bid from the US Antimony Corporation (USAC), equivalent to $1.40 per share, after the close of trading on Friday.  The offer was made following USAC’s lodgement of a substantial shareholder notice aftermarket, notifying Larvotto that it had acquired 51,685,160 ordinary shares, representing 10.0% of the company's shares on issue.  Larvotto  is actively advancing its portfolio of critical minerals projects including the Hillgrove antimony-gold project in NSW, the large Mt Isa copper, gold and cobalt project adjacent to Mt Isa townsite in Queensland and the Eyre...

Federal Government report a climate change ‘wake-up call’ This week, the Federal Government released its first National Climate Risk Assessment (NCRA), which will be used to develop Australia’s 2035 emissions reduction target — expected this week. Australia’s first independent NCRA, created by the Australian Climate Service, compiles data and analysis from world-leading experts and scientists from the Bureau of Meteorology, CSIRO, the Australian Bureau of Statistics and Geoscience Australia. Alongside the comprehensive assessment, the Federal Government released a National Adaptation Plan (NAP) — a vision for a...

Bravus signs MoU to strengthen mining’s future Bravus Mining & Resources has signed a memorandum of understanding (MoU) with CQUniversity to boost education, skills and job prospects in Queensland’s mining sector. One of the core undertakings of the MoU is for Bravus and CQUniversity to equip students in civil, mechanical, electrical, construction and mining engineering with industry-ready skills. This will be achieved through a combination of mentoring, vacation placements, internships and graduate programs designed to bridge the gap between study and employment. Bravus Mining and Resources chief operating officer Mick Crowe...